ProphetX, a user-driven sports prediction market, announced that it has submitted Commodity Futures Trading Commission (CFTC) applications to be registered as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). ProphetX Commodity Futures Trading Commission Designated Contract Market Derivatives Clearing Organization ProphetX Is in the Perfect Spot to Create a Vertically Integrated Marketplace…
Far East Consortium International (FEC) announced its plans to sell a stake in The Ritz-Carlton Perth, a luxury, 5-star hotel on the riverfront at Elizabeth Quay. The buyer, according to a Hong Kong Stock Exchange filing, is AMTD Group, a conglomerate with a portfolio spanning across the media and entertainment, education and training, and premium…
Blask, an AI-powered iGaming analytics firm, announced that it has surpassed the 100 iGaming markets milestone. The platform is therefore providing analytics in more than half of the countries in the world. Blask 100 iGaming markets milestone Blask Reached a Major Milestone Blask’s global coverage has officially reached 107 iGaming markets thanks to recent expansion…
A player in Pennsylvania will have a lot to be happy about when they check their Cash 5 with Quick Cash ticket and see that they have won $870,000 before taxes. The win occurred off a ticket in Allegheny County, the Pennsylvania Lottery confirmed, pinning the date of the win on Sunday. Pennsylvania Cash 5…
The CEO of the Betting and Gaming Council, Grainne Hurst, has issued a cautionary statement to the Chancellor and the government of the United Kingdom, urging a balanced approach in regulating the gambling industry and not using it as a scapegoat for fiscal and monetary missteps. Betting and Gaming Council Grainne Hurst UK Rumored Tax…
Malaysian conglomerate Genting Berhad recently announced its intention to buy the remaining 50.64% stake in its listed subsidiary Genting Malaysia Bhd for MYR 6.74 billion ($1.6 billion). In an update on November 10, the former company unveiled the issuance of medium-term notes (MTNs) to support the transaction. Genting Berhad The Issuance Will Enable the Acquisition…
New Zealand has extended the license of SkyCity Entertainment Group’s flagship casino in Queenstown for another 15 years at a time when the country is looking into crafting a more liberal gambling framework, which will also involve online casinos. New Zealand SkyCity Entertainment Group’s another 15 years The extended license applies from December 7, 2025,…
Great Canadian Entertainment and the Ts’elxwéyeqw Group, representing seven First Nation communities, announced that they have reached a definitive agreement for the Ts’elxwéyeqw Group to purchase Elements Casino Chilliwack. Great Canadian Entertainment Ts’elxwéyeqw Group seven First Nation communities purchase Elements Casino Chilliwack The deal was finalized on November 7, 2025, and represents a major milestone…
Mobile payments company Koin Mobile has asked a federal judge in Nevada to dismiss its antitrust lawsuit against casino payments giant Everi Holdings, bringing the dispute over competition in the casino digital wallet market to a close, according to Reuters. Koin Mobile federal judge in Nevada Everi Holdings casino digital wallet No Future Filing Possible…
In the latest move against corruption in sports, Turkey has arrested eight people, including a top-flight club chairman, alleging betting violations. Turkey More Individuals Arrested amid Sprawling Betting Scandal This is the latest enforcement move against black market betting operations, authorities have said, with the country previously targeting influencers, social media accounts, and other individuals….
